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Monday, August 26, 2019
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ZERA pulls plug on power producers

TINASHE MAKICHI/LIVINGSTONE MARUFUTHE Zimbabwe Energy Regulatory Authority (ZERA) is set to withdraw licences from various Independent Power Producers (IPPs) who havefailed to come...

Eskom sets stringent demands for Zim

BERNARD MPOFU South Africa’s power utility Eskom has set stringent conditions for its Zimbabwean equivalent after agreeing to payment...

IDBZ board approves climate project proposal

PHILLIMON MHLANGAThe Infrastructure Development Bank of Zimbabwe (IDBZ)’s board of directors has approved the State-owned bank’s proposal to establish a Climate Finance...

Met Dept predicts better summer cropping season

LIVINGSTONE MARUFUThe Meteorological Services Department (MSD) is predicting an improved2019/2020 summer cropping season from last season’s El Nino drought, a situation which...

Govt starving forex earners

PHILLIMON MHLANGA Government’s effort to stabilise foreign currency exchange rate isstifling the generation of forex as it is not...

RBZ issues US$182mln worth of LCs

LIVINGSTONE MARUFU THE Reserve Bank of Zimbabwe has issued Letters of Credit (LCs) worth US$182,3m from  February to July  this year to sustain Zimbabwe’s critical imports...

Uncertain times, uncertain measures: (Why) is investment weak?

SAMUEL MAPURANGA  “The state of long-term expectation, upon which our decisions are based, does not solely depend, therefore, on the most probable forecast we can...

Zim getting close to fuel market price: IMF

NDAMU SANDU Zimbabwe’s economy is getting close to the fuel market price after eliminating subsidies which have been in place over the past months, subsidies...

GMB collections points increased…as grain deliveries remain low

LIVINGSTONE MARUFU The Grain Marketing Board (GMB) has increased collection points by 10 percent to 95 as it moves to increase deliveries and boost the strategic...

‘Firms that produce for local market cannot have SEZ tax incentives’

STAFF WRITER In a move likely to draw various interpretations about how government is co-ordinated among its ministries, Finance and Economic Development Minister Mthuli Ncube...